Originally Posted by
DJIA
https://www.atlantafed.org/cqer/research/gdpnow
4.3 % GDPnow
labor market stable ex silicon valley
gas prices falling
consumer spending strong
household balance sheets relatively strong compared to prior downturns
household debt servicing historically cheap (ie my 3% mortgage rate)
Real time rent/ housing indexes tanking (big component of the inflated lagging CPI index) cooler inflation reads coming
Fed whispering of an end to rapid interest rate hikes
Everyone and their mother predicting doom and gloom, most predicted “recession coming” ever? Meanwhile we climb the wall of worry next few years.
Setting up for a smooth landing after all?
lets see
The recession will not likely be a travel recession. Airlines that can get pilots will do well in 2023.